Insufficient Performance Comparison Information Due to the Short Corporate History Since Becoming a Holding Company
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual reportThe FY2026 business and other risks do not separately identify the lack of comparative performance information resulting from the short operating history since the transition to a holding company structure as an independent risk.
- FY2023RestatedAnnual report
「In February 2017, following numerous M&A transactions, the group reviewed its organizational structure, which comprised multiple segments and companies, established our company through a share transfer from 株式会社メイホーエンジニアリング, and transitioned to a holding company structure. Consequently, the group's operating history since the transition to the holding company structure is short.」
The short operating history since the transition to a holding company structure in 2017 and the risk of insufficient information for comparing performance across periods continued to be disclosed. - FY2022First statedAnnual report
「Our group will continue to actively disclose information about its management through IR activities and other means. However, our historical operating results do not provide sufficient information for comparing performance across periods, and historical results alone may be insufficient to assess future operating performance.」
The risk arising from insufficient information for comparing historical performance, due to the short operating history since the transition to a holding company structure in 2017, was newly disclosed.